The prevalence of cyber crime is on the rise, with about one in three companies reporting that they have been victims of this type of fraud. A 2011 report by PricewaterhouseCoopers (PwC) indicated that about 34 percent of businesses have experienced fraud as a result of cyber crime, accounting for billions of dollars in losses overall, and catching up with the other most common business crimes of accounting fraud and corruption.
If you don’t think your small business stores the kind of data cyber thieves may want to steal, think again. Because of its prevalence, many businesses are turning to solutions like cyber crime insurance in Orlando to protect their information. Here are some tips to keep your business safe.
One of the most common ways people breach a company’s system is through employee negligence—leaving a laptop with confidential consumer information in a taxicab or café, having easy-to-crack passwords, and more. Have regular trainings with employees to increase their awareness and ability to thwart cyber crime.
Keeping your security software updated is another great way to protect your business. If you don’t have a dedicated IT department, considering hiring a professional firm to install and maintain a security system with anti-virus, anti-phishing, anti-spyware, and anti-malware protection.
Talk to an Insurance Agent
Getting good cyber crime insurance in Orlando can be a great step toward protecting your business from the threat of liability and exposure in case your company is a victim. There are a wide variety of plans available to fit the needs of many different businesses, and a good insurance agent can walk you through all the options to choose the one that works for your company.